Marks And Spencer Share Discussion Threads

[dugganjoe] 13/3/2012 13:21

ouch. new recent high. looks good for 400p in quick time, then 600

[pictureframe] 08/3/2012 08:06

Gone short from here

[pictureframe] 07/3/2012 15:12

Any Chartists here? This looks like a short to me but not quite sure :

Macd has turned Bearish giving a sell signal - Slow Stoch is showing further falls & -DI line has crossed +DI line showing a further sell signal.

Views?

[dugganjoe] 07/3/2012 10:50

600p on the way imho

[dugganjoe] 01/3/2012 10:32

youre welcome

[dugganjoe] 27/2/2012 18:38

600p on the way here

[nicd] 27/2/2012 17:46

I use SIPPDeal for my SIPP, now they have branched out to ISA and standard accounts.

Excellent service with a frequent trader online discount down to 4.95/trade

[robertfaulkner] 27/2/2012 16:41

mjb, I use Selftrade, I have no complaints, They have started a yearly charge but overall thsy seem pretty good.

I find the web pages easy to use and the free limit buy and sells I use a lot

[broadwood] 27/2/2012 07:22

UBS Marks & Spencer... 27/02/12 07:12 Upgrades Neutral Buy 2 325.00 410.00 85 2 GBP

[mjb2] 26/2/2012 14:37

I'm looking around for a new on-line broker as my old one (TD Waterhouse), left a lot to be desired and I'm investigating the Halifax share dealing service. Has anyone got any comments on them?

[dugganjoe] 20/2/2012 19:57

M&S looks like a £6 stock to me

[qantas] 17/2/2012 21:17

The phenomenon is known as a short squeeze. Investors rush to buy the stock before it heads higher because they must eventually return the shares they borrowed.


Weir stock is most shorted on FTSE 100

Thursday 16th February 2012, 12:19am
CAPITAL MARKETS
JAMES WATERSON
ENGINEERING firm Weir has become the most shorted stock on the FTSE 100, as investors bet the company's share price will be dented by weak demand for specialist mining equipment.

Information provided by Data Explorers showed that 13.48 per cent of shares are out on loan – double the amount that were shorted only three weeks ago.

Shares in the firm have increased by 4.9 per cent in the same period.

Shale drilling equipment forms a core part of Weir's business and plummeting North American gas prices have raised fears that energy outfits will not maintain current levels of investment.

The firm also faces competition from rivals such as Gardner Denver and new Chinese entrants into the market.

"People will be going after it on the basis that the gas price has collapsed and they will be asking how many new fields will open if the price remains weak," explained Chris Dyett, an analyst at Investec.

"The market is taking a view that you've got weak gas prices and increased competition and both will put pressure on margins. But I suspect Weir will do better than the market thinks."

In the last three months Weir has been on an acquisition spree, buying  valve manufacturer Novatech for $176m, wellhead specialist Seaboard Holdings for $675m and launching £200m bid for Australian firm Ludowici.

The only other FTSE 100 stock to be heavily shorted is Capita, with almost nine per cent of shares on loan, followed by Marks & Spencer with 4.7 per cent.

Average short interest across the index is low at 1.4 per cent.

Rank Company Shares on loan

1. Weir Group 13.48pc
2. Capita 8.88pc
3. M&S 4.74pc
4. Vedanta 3.89pc
5. Serco 3.87pc
6. Admiral 3.61pc
7. Aggreko 3.57pc
8. Glencore 3.46pc
9. Intnl Power 3.44pc
10. IAG 3.32pc

Source: Data Explorers
.

[dugganjoe] 17/2/2012 14:31

UK retail sales rise 0.9% in Jan, a 0.3% decline expected.

roll on 400p

[dugganjoe] 01/2/2012 23:44

exaxtamundo donnie

[aussiedonnie] 22/1/2012 09:05

Agree dugg. Watch stocks rally and surprising data about USA in the lead up to presidential election later in year.

[dugganjoe] 21/1/2012 20:00

400p target imho

[texas tea] 14/1/2012 22:04

Marks & Spencer - are the shares now good value?
Friday, Jan 13 2012 by UK Value Investor

[libertine] 14/1/2012 08:29

Thats because it was only a sale of part of exercised options to cover taxes.






9. Number of shares, debentures or financial instruments relating to shares acquired

EXERCISE OF 10,809 DSBP OPTIONS

EXERCISE OF 86,477 RSP OPTIONS

(TOTAL 97,286 OPTIONS)

11. Number of shares, debentures or financial instruments relating to shares disposed

SALE OF 50,769 SHARES TO COVER TAX AND NI LIABILITY FROM EXERCISE OF OPTIONS

[nasprey] 13/1/2012 19:14

I'm surprised to see no comments re the £160k director sell today?

Marks & Spencer Group (MKS)
Director name: Mr John Dixon
Amount sold: 50,769 @ 315.00p
Value: £159,922

[qantas] 13/1/2012 18:32

nickward you must have made a load shorting Tesco's then.

[nickward] 12/1/2012 16:06

Qantas

No money lost shorting old boy, take a look at the hammering Tesco is getting currently down 63p on the day. That should give you an idea of what can happen to retailers who can no longer keep up the pretence.

[essentialinvestor] 10/1/2012 15:42

Does not mean it can not get cheaper of course ;

[essentialinvestor] 10/1/2012 15:42

Well if you strongly believe in a positive future for MKS you can lock
in a 5% + yeild and look away for a few years.

[qantas] 10/1/2012 15:22

nickward -
&
Careful -

They both have probably lost a lost of money shorting this stock today?